Zhixin Liu - 31 Dec 2021 Form 4 Insider Report for DATASEA INC. (DTSS)

Role: CEO, Director, 10%+ Owner
Signature: /s/ Zhixin Liu
Issuer symbol: DTSS
Transactions as of: 31 Dec 2021
Net transactions value: $0
Form type: 4
Filing time: 19 May 2023, 21:19:13 UTC
Previous filing: 29 Oct 2021
Next filing: 15 Jun 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	DTSS	Common Stock	Award	$0	+120,960	+1.3%	$0.000000	9,749,295	31 Dec 2021	Direct	F1
transaction	DTSS	Common Stock	Award	$0	+45,000	+0.46%	$0.000000	9,794,295	01 Apr 2022	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The reporting person was granted shares of the Issuer's common stock (the "Shares") under the Issuer's 2018 Equity Incentive Plan, vesting immediately with an agreement between the reporting person and the Issuer that the reporting person shall not dispose, sell or transfer the Shares for at least six months plus one day following the date of grant. The Shares were granted as the reporting person's compensation for serving as the Issuer's CEO during the period from October 1, 2021 to December 1, 2021 based on a compensation arrangement between the reporting person and the Issuer pursuant to which the reporting person shall receive monthly compensation of 15,000 shares of the Issuer's common stock on a quarterly basis. During the three months ended December 31, 2021, the Company issued 75,960 shares to the Company's CEO in lieu of payment for salary payable.
F2	The reporting person was granted shares of the Issuer's common stock (the "Shares") under the Issuer's 2018 Equity Incentive Plan, vesting immediately with an agreement between the reporting person and the Issuer that the reporting person shall not dispose, sell or transfer the Shares for at least six months plus one day following the date of grant. The Shares were granted as the reporting person's compensation for serving as the Issuer's CEO during the period from January 1, 2022 to March 1, 2022 based on a compensation arrangement between the reporting person and the Issuer pursuant to which the reporting person shall receive monthly compensation of 15,000 shares of the Issuer's common stock on a quarterly basis.

Content

The reporting person was granted shares of the Issuer's common stock (the "Shares") under the Issuer's 2018 Equity Incentive Plan, vesting immediately with an agreement between the reporting person and the Issuer that the reporting person shall not dispose, sell or transfer the Shares for at least six months plus one day following the date of grant. The Shares were granted as the reporting person's compensation for serving as the Issuer's CEO during the period from October 1, 2021 to December 1, 2021 based on a compensation arrangement between the reporting person and the Issuer pursuant to which the reporting person shall receive monthly compensation of 15,000 shares of the Issuer's common stock on a quarterly basis. During the three months ended December 31, 2021, the Company issued 75,960 shares to the Company's CEO in lieu of payment for salary payable.

The reporting person was granted shares of the Issuer's common stock (the "Shares") under the Issuer's 2018 Equity Incentive Plan, vesting immediately with an agreement between the reporting person and the Issuer that the reporting person shall not dispose, sell or transfer the Shares for at least six months plus one day following the date of grant. The Shares were granted as the reporting person's compensation for serving as the Issuer's CEO during the period from January 1, 2022 to March 1, 2022 based on a compensation arrangement between the reporting person and the Issuer pursuant to which the reporting person shall receive monthly compensation of 15,000 shares of the Issuer's common stock on a quarterly basis.